 Here's what I'm going to have to do. I purchased the 500 seat plan, but obviously it's capped us here at 101 is where it's capping us. What I'm doing is I'm going to have to simulcast you into my Omnovia room. What you can't see there is you've got over 100 people in GoToWebinar and you've got almost 100 people over in Omnovia. I'm going to have to simulcast you into both rooms and so I may have you test. I'm going to stop projecting on my end and I'm going to ask you to screen project if you would. We're doing a lot of this on the fly. My apologies if you're just joining us. We were in a trade all the way to right up to the end of this and it's a very popular turnout and we've had a little bit of a capacity kind of issue here today. It's one of those things where it is what it is. So Bruce, I'm going to put your screen here in front of people and then there's Bruce's screen. If you're in the Omnovia room, you should be able to see Bruce's screen and I like your charts. Those look pretty slick, dude. So you guys, can you just let me know if you can see all of this in the Omnovia room? Can you see all of this? Okay. So I'm going to have to do one more thing. It's a little bit engineering on the fly here and so Bruce, give me just a second. Yeah, no problem. Alright, Bruce, can you say something? Yep. Can you hear me? Yeah. Can you guys hear Bruce in the Omnovia room? They just say testing, testing. Bruce, if you would, just testing, testing. Yeah, I can hear you. Okay. Alright, we're squared away. That didn't take long. That wasn't bad. Wow. Yeah, what a mess. Sorry. Yeah, it sounds like some sort of NASA technology or something. Yeah, we've got some stuff going on here. So, alright, so I'm going to put the microphone back. By the way, Bruce is in charge of the education and the education probably does weekly, like daily webinars, right? Don't you do daily webinars? Yeah, daily webinars, yeah. Yeah, so Bruce does a daily webinar over there. So if you end up picking up the tool, which we hope you do and there'll be a link for you here at the end of this and they do, you know, lots of good education. There's so much to do with this tool. I told you guys in the past that it's a Ferrari and I drive it like a Ugo, right? And so it's a really super good tool. Bruce is going to spend the next hour. So kind of going through the details with you. He could see your questions in the go-to webinar room. I'm going to monitor the questions in the Omnovia room and so what we're going to do if this is okay with you, Bruce, I'll just hold all the questions till the end since we're trying to do this on two platforms. Yeah, sure, sure, sure. So that would probably be best. Okay, so having said that, everybody, this is Bruce. Bruce, this is everybody and over to you, sir. Okay, great. Thank you very much for having me, Jason. It's a pleasure and we'll, you know, it's nice to have the opportunity to show this tool to you guys. I mean, to be honest, you know, with my background, you know, I've been a trader for about nine or ten years now from the retail side and came across this tool and I was just a client like anyone else. And basically I was a friend of mine and myself and we reached out to a guy working at Bookmap at that time and had a few questions and, you know, I guess, you know, he said, well, there's an opportunity if you want to join the team and, you know, I took to this immediately and, you know, why? It was because, I mean, it's, it's kind of funny. I have a, you know, pretty, pretty funny story here. It's, to me, there was this kind of moment and I know it's kind of kind of corny, but, you know, when I saw this tool, it reminded me of, like, Steve Jobs seeing the desktop, computer desktop from Xerox PARC, you know, back in the 70s. And he immediately knew that within five years every computer was going to be based on that desktop in one form or another. And the transparency that you can see with this tool, I had the same kind of moment. It's like, wow, okay, well, everything's going to be like this in the future. This kind of transparency is going to be demanded by people. And so let me, let me get into that and exactly what this is and what this is showing because it looks like it's a lot. And I'm going to simplify it here. And I'm going to show you that it's actually very, very simple, objective, clean, and clear view of the marketplace. And what I'm going to do is I'm going to take off all the volume. Okay. And I can do it here. And then I'm also going to do the heat map. I'm going to also take off. Okay. Now, so there's three sections here in book map. Right. Let me go, let me go, I'm sorry, let me go over to oil here since that's what you guys are looking at. Okay. All right. Okay. So there's three sections here in the chart. Okay. This is the historical section here. All right. It's the bulk of it. And what you're looking at is just historical, best bid and offer. That's it. Okay. It's clean and simple. And then there's this window here. This is a kind of vertical shaped window rectangle. And this, these two dash lines, this is the current market. Okay. This is the best bid and offer right now. All right. And then this number here is the last traded volume on the best bidder offer. All right. So that's two thirds of the view here. Now, the last third here, all this is the current order book, the limit order book. So this is your dome. All right. Now, a lot of domes also have volume profiles or other data. And we have many different ways of looking at the data, not just through volume profiles. You can look at trade profiles. You can look at quotes, counter profiles, quotes, delta, make your custom notes, et cetera. All right. So anyway, so what you're looking at here is just the dome. All right. So this is in the current dome. Let's zoom in a little bit. All right. And you can see here that what I have is the best bid and offer here. Okay. Here's your price ladder. Okay. And then this is the depth here on the offer up to this white line. All right. And then this is the depth here on the bid down to this white line here. Okay. And then you can see I have another current order book column here. And this is just a graphical representation in bars of the liquidity. Okay. So graphically, I know immediately where that high liquidity is. All right. So I can see here 155 because it's got the biggest bar. All right. I can see them just popping in here at 5440 with 100 while they just pulled it. But yeah, they're back. All right. So they're adding and pulling here, liquidity, at pretty aggressive here. One tick away from the best offer. Okay. So anyway, that's just the two columns here. Okay. Now I'm going to add on the volume. Okay. Now what you're looking at in book map with the volume dots is the transactions that took place on the historical best bid and offer. Okay. And that's it. And we use the aggressor classification of volume. And what do I mean by that? All right. Let me just zoom in a little bit here and I'll show you. Okay. Here's your best offer at this point. And these are green dots on the best offer. These are market buy orders. So aggressor classification means that it's a market buy. Okay. They cross the spread. They wanted aggressively into this market as on the buy side. So they press the market buy button and they took liquidity off of the best offer. Okay. So that's pretty straightforward. Now the best bid here and the red dots is these are market sells. Okay. Same story. Now you can see here that a lot happens in these markets very quickly. And you can see this volume dot here is a pie chart. And it has both buying and selling in it. Okay. And that's because so many trades happened here so quickly that we're just giving you the overall delta of it. Okay. So you can see that this is the majority of it here is aggressive buying. Okay. About three quarters of it. Right. Now we can give you the numbers of this as well. So you can you can hover over this area and you can see the date, the time, what was on the bid at this price level and the volume that traded at this price level. Okay. Now I can zoom into this level and I start to break apart all these individual trades. Okay. Right. Down to the point where, you know, we're looking at microsecond level, I'm sorry, millisecond level here, but there's still more trades in here. Right. Now we're down to microsecond level. Okay. So you can see that exactly what occurred here in these markets. Okay. We're not tick based. We don't aggregate the data. We take each individual discrete event from the market and we'll plot it within book map. So you're getting a very, very objective view of what occurred at these very, very low time frames. You know. So now as I zoom back out, note that what we'll do is this little area here. Okay. Is that we just make it a bigger dot. Right. To represent all those transactions that took place here. Okay. So that's that. I mean, that's if I continue to zoom out. Now we haven't aggregated the data. All the data points are still there, but we've just aggregated it visually or graphically for you. Okay. So if I hover over this, I can see that volume was 61. Okay. Overall. Right. And that's what can be helpful for you unless you're trading algorithmically. Okay. So the volume in this area here, we're giving you kind of the best of both worlds. We're showing you exactly where it took place, like a footprint chart and how much and the classification of it and the overall delta of it. Okay. So your footprint charts will match up with numbers. Right. You'll see a cluster up here, for example, and you'll see some higher numbers. And then, you know, you'll see the numbers match maybe with a cluster down here as well. Okay. So that's that's the traded volume. Okay. And also just want to note a distinction between us and other other trading tools out there. Heat maps is that you can see where we came from. I mean, basically the history of book map. We came from the HFT environment. Okay. And the team, they were writing algorithms for HFT and they needed a visualization tool to show where their trades were taking place and how they were getting filled. Okay. And this tool evolved from that. Okay. And we've just gotten more and more advanced as time has gone on here. Okay. So now let me zoom out here. Okay. So now I've just all I've covered is the traded volume at this point. All right. Now I want to show you the heat map. Okay. So we'll turn that on. Okay. This is the other side of the order flow. Okay. This is understanding the auction process, the intent to trade at specific price levels. Okay. So a lot of traders when they see a dome that, you know, what the reaction is, is like, well, you know, you can't really read the dome. It's, it's, you know, you don't know if these levels, if they're real traders or not, they can continue to add and pull at those price levels. Right. Well, I would like to argue that we can see it all day long that the order book has significant reaction or the price has a significant reaction to the limit order book. And we can just look at the example here at 54.20. I mean, there's just no question about it. High liquidity at this price level. It was filled. Transaction took place. And we can see the bounce now to the upside. All right. And where are we going to go? This is where we broke through that high liquidity here around, what is it, 54.31 or 32. Okay. So that'll be your low volume node or so. Yeah. You can see the cluster here. Here's your low volume node. And we need to see what the order flow looks like up at this level here. Okay. We're just getting to it right now. So let's, we'll see if the sellers are interested. But let me continue on here and see, we're seeing some of the algorithmic activity on the, on the bid and offer as well right in this area here. I'll cover all this in just a minute, but let me just define the heat map first. Okay. So what you're looking at in the heat map, we take these numbers here in the limit order book. And then in the live market window here, they're given a graphical representation in the heat map. Okay. So bright white areas are very high liquidity. Okay. Lighter gray areas are going to be high liquidity too. And then where it's darker is going to be lower liquidity. All right. And you will adjust that to make it understandable for you and the way that you trade with various settings here. Okay. Because you can, you can make this you know, show details if you want, right? It's really, it's really up to the way that you trade and what helps you. So anyway, just a little tweak here and there and you'll be able to really look at the areas of distinct liquidity like this 5440 up here and starting to pop into the book here at 35 as well. Okay. And all right. So you'll see this, this heat map. I mean, as these numbers change in the limit order book, you're going to see the gray scale change. Okay. And you'll see the, the, you know, the areas get a little brighter here. They're adding liquidity. They'll pull liquidity. It gets darker. And that's what this looks like here. Okay. This 5435. This little area here, it gets darker and brighter and darker and brighter. That is the adding and pulling of liquidity at this price level. Okay. So we take all of this data here in your limit order book and now it's, it's available historically. Okay. So now you can utilize the data in the limit order book. All right. So you can look at these levels here and you can see where they were interested in offering. Okay. Where they wanted to sell. You can also see the areas where they want to buy. Okay. And we're looking at high liquidity. Larger players here. That's the way I've got the, the contrast settings. All right. And I can understand their intent to trade at these levels. And why is that important? Okay. It's a FIFO market. It's first in, first out. So if you want to get filled at your price level and you're a serious trader, you're not going to pull your liquidity. You're going to remain in the book because you want to get filled at those levels. All right. And we can start to gauge the, and understand the auction now of what's going on. Okay. Understanding these levels and the intent of, of the traders at these levels. Do they really want to trade or do they start to pull liquidity as price comes up toward them and they, and they get cold feet. And now, you know what? We're going to pull from 35. I'm going to add it up to 40 instead. Okay. So anyway, that's what you're looking at. So basically, you're looking at a very, very objective view of the marketplace, a complete view of the marketplace here in Bookmap. You're looking at, very specifically, you're looking at traded volume and liquidity at price levels historically. Okay. And so that's, that's basically it. All right. So now, how can we use this information? And, well, you know, we go through the, the, the webinars each day and just to, you know, give insight to reading the order flow at, at, at these levels in, in the intent of these traders in the auction. So it's just very simply. First, first things first is understand the configuration of the limit order book currently. Where are they on the, on the offer? And where are they on the bid? The majority of these traders. Okay. Well, you can see that this 5420, they were here. And then they traded. And then they're actually, you know, they're starting to pop back in and support price at that level too. We can also see them getting a little more interested down here at 5415. Okay. So, and here, here, here's a good example. Price is starting to come down. And they're, they're popping into the book. Okay. So they want to be buyers. Okay. They actually want to be buyers at higher price levels here. Okay. That's very, very aggressive. Alright. And you can see how price reacts to it. Okay. And why does it react to it like that? It's because there's a skew in the auction. Okay. Now they pulled though, and, and price is coming down into that area. Okay. So we can understand that is this guy really a serious trader? No. They're adding and pulling. They wanted to be a buyer when price was going away. And then they got shy when price came back down. Okay. Some, some transactions took place here. We can see the dot. But, you know, I would say that they're not, they're not so serious in this area. It looks like they're more serious down here at this 5420. Alright. But we will see as price comes down into these areas. Alright. And I just wanted to cover that the skew and what I mean by that. Alright. So using the analogy of an auction, this is where it can be really helpful. Alright. It's just to understand supply and demand at, at areas. Okay. So if, if in an auction, think of it that there's, you're attending an auction and it's for an automobile. And then it's at a certain price and it's, it's, it's going lower. But you notice that a lot of new traders come into the room and they want to be buyers. Okay. And, and then price starts to veer away and it veers away because there's, there's more buyers now. Okay. And now that they start to chase, chase price a little bit. They want to be buyers at a higher price level. Alright. So, you know, the bid is going to go, it's going to go higher. And just, just understanding auction, auction theory, auction process. Okay. And we see it all day long. Right. And you can read this very much like an auction. Okay. So, so anyway, that's two thirds of the order flow. Okay. The other third is reading the tape. Okay. And that's traditional order flow. And that is understanding the transactions where they're taking place. Okay. And many of us are very familiar with that because we, we study the volume. Okay. And I know that's what a lot of you guys do too. Alright. So, you can start to read the volume and start to understand the volume in the tape and the order flow. I know that we had the oil inventories here. You can see that. And actually, I'd like to cover that. It will, it'll bring home a few of the points that I'm talking about. And I will in just a second. But we see the initial move to the upside. And then look at this order flow now. This is very indicative and it's a little model just not as clean as we can see in the profile here. But this is what order flow looks like in a trending environment. Okay. Look at the tape here. Look at the transactions at lower lows. Alright. This is, this is how it unfolds. You see more selling or more aggressive selling here at least at these lower lows. Look at the big dots in these in these areas at lower lows. Now look at the lower highs in these areas here. Okay. It's drying up. Right. There's less interest in trading at these areas. Okay, you would think that no, they're just reloading and selling a bunch up here. That's not the case. It's really just basically market kind of comes up into these areas and exhausts out. And you get your continuation and price discovery to the downside because it can trade there. Okay, it's been established with these big volume transactions that the market can trade here. And it does and it extends even further. Okay. Now a lot of absorption in this area here as you can see a lot of liquidity being provided and a lot of it being taken. Alright, so we might we might start to see the kind of reversal take place here. Okay. And this 5420 was was our area of interest. Right. And it could be it could be taking place right here. And why do I say that? Well, because we haven't made a lower low yet. Alright, and we started we started to see them jump into the book here and support price at a higher level. Okay, so now you can see I'm reading the tape and the transactions, but I'm also integrating the intent to trade at these levels from the limit order book. Okay. So that's how that's how this tool can be helpful at your specific levels to start to understand where they're providing that liquidity and where they want to trade. Okay. Alright, well, they're definitely putting a cap on it here. They're still they still want to be sellers up at 5440. But we'll see as price comes up into these areas, they may they may pull. Okay. I'm actually looking for them to be tested to be honest. And why is that? Because I just saw this this another flurry of transactions take place here at a higher area than than before. Okay. So I'm looking for that test now 5440. Okay. And here we go. Alright, 35 just tested. And we'll see. Right. But you know, there's going to be a lot of a lot of people we see this trending environment, a lot of people going to be moving their stops down, they're going to moving their stops in these areas. And I'm looking for that that area to be to be tested, because we know there's going to be liquidity there. Right. There's going to be your stop orders. Now, someone has that idea, and they're providing high liquidity there, as you can see. So anyone who wants to have an aggressive stop, these traders here are showing you that they'll be happy to absorb that for you. Okay. Alright. That's the basics. And I also want to, since we have a fundamental release here, it gives a really good example of how these markets operate. Okay. I love I love this stuff, because it's very, very clear here visually in book map. Right. Look at look at look at how the algos started to shut down here. Four minutes before the release at 11 o'clock. Okay. Notice how these areas they were brighter and look at the liquidity provided the market making algos providing liquidity, adding and pulling it back and forth in these areas here. And then right after 54, I'm sorry, 1056 here, they, they started to pull their liquidity. Okay. And then you can see them pull more and more and just gets darker and darker in this area. Okay. And so this is what happens in really thin markets. Alright. This is why you get these erratic price moves during fundamental releases. There is a lack of liquidity. If there's a lack of liquidity, it's going to go and find where it can trade. Okay. Where there is liquidity provided. Okay. And we can see even these guys up here at at 90, they, they, they pulled. Okay. As price is coming up, look at them pull here. And you can, you can start to piece it together here. Pretty, pretty clearly, they're pulling and looks like at least one of these guys here in this lineup pulled and then added a tick higher here at 95. And perhaps the rest of them started to provide liquidity here around this 95 to 55 even price. Okay. So you can see that there's a bearish slant to it up in this area here. Okay. You got your round number up here. And they're willing to absorb it if they can. Okay. They didn't get, they didn't get tested. The buyers didn't take them on. Right. But they were, they were happy to get short in this areas here and provide liquidity. Okay. So anyway, the point is here that the way that markets in an auction behave is you can see that if, if there's a lack of liquidity, you get a radical price movement and volatility. Okay. Because there's no one else to stop it is going to trade at the next stop where someone wants to be a seller or where someone wants to be a buyer. Okay. All right. And then, yeah, it takes a few minutes after, after release. And you'll start to see the, the algos and, and market makers start to pop back into the market here. Okay. All right. Okay. So now we didn't get our test yet of 5440. I just went up to 35. But we might get our reload here and finally get it now. Okay. And get one more extension here. And why, why again? Well, look at the cluster of volume here. Right. At a higher, higher high in the microstructure for sure. Okay, we broke this little swing here. Okay. What we need to do though, and that we need to break this swing, basically, around somewhere between this 5440 and 45. Okay. And that's what we're looking for here. This is more microstructural. And we can see we did break it and we have more volume trading at this level now. Okay, 35. Therefore, we have the potential for price discovery to 5440. All right. And we can start to see some of the algorithmic activity. You might see spoofing type of action get very aggressive underneath here. And we'll see if we can find some another maybe a good example of that. But you'll see very, very high liquidity get very aggressive right underneath price on the bid for this example. And if that occurs, and then they pull, well, they don't really have intent to trade, they just have intent to skew the market to go to the upside with the potential to fill maybe liquidity on their on the offer. Okay. And you can see all this unfold here in book map. All right. It's they're basically, you know, uncovered and you can see it. Let's see. What was I going to Oh, there's a few more new features here that this is a really big step for us at book map. So I want to cover this. And that is the we now offer an API, which means that you can write your own indicators and automated strategies within book map. Okay, so let me open up the indicator panel here. All right. And let me go over this. Okay. Yeah, Kevin, I'm using version. Well, I'll hold off on the answering the questions that I just saw that pop in. I'm using using the beta version 5.0 book map. All right. And the API is this tool here. Okay, so let's click on that. And it's we were showcasing the cumulative volume delta. And that's the only one we have here for the indicator sub panel. Right. And you can see I've have a few different lines here. And with different settings for the cumulative volume delta. Okay, so for those of you who know what cumulative volume delta, it's rather straightforward. It's just adding the positive values. If it's a market buy, and then subtracting it, if it's a market sell, and you get an overall feeling of buying and selling. Okay, there's many ways to read it and use it as a tool for to help help give insight to your levels, looking for a difference between an area where perhaps price is absorbed by limit orders, and there's a lot of selling, but price doesn't move, or exhaustion, or looking for momentum in accumulation. Now, they all work quite well on book map, and you can verify it within the heat map, and the traded volume as well. Okay, but there's there's also some filters here. So pretty nice, just to showcase what you can do here. I've got the minimum accountable volume size here at 13. What this means is I'm looking for trades that are larger than 13 contracts. And therefore, I'm looking for only the cumulative volume delta of more aggressive, larger players. And I can I can look at that compared to the all of the the rest of the traders combined. Okay, and, you know, might give insight to specific area. Okay, you can also reset it at any time that you want. It's up to you. And and have it go back to zero, which will allow you, for example, if you wanted to study maybe that you think this is the low here at this 5420, then you can have it reset at that point and then read the cumulative volume from that point onward. Okay. All right, so that's that's all programmable with the cumulative volume delta. And now there's some automated trading strategies that you can program as well. Alright, and that is the showcased here. And these are just examples with we have three different algos. Okay, there's a chase, escape and execute algo. Okay. And let me let me demo these here for you. Okay, so the chase algo, this is just like I said, showcase what you can do in book map. This one's really, really straightforward. It's like a basically works like a trailing stop. And, you know, here it says like keep my order at a distance of no larger than three ticks away from at the best price here. Okay. And let me turn that on. Alright, and let me place a few limit orders here and we'll watch it work. Okay, let's zoom in here. All right. Actually, yeah, let me since I don't want to get filled at the moment, I want to watch these work and demo them for you. Let me go over the next one as well here. Okay, the escape strategy. Okay, so this one's a lot more complex. This algo here will read skews in the limit order book, and then it will react to it. Okay, so the condition set up here is if price, if my limit order is within one price level of the best price, okay, so one tick away. And the total size of one price level is very, very simple example here, you can have multiple price levels. And if I see a skew in that price level at my order side, okay, and it's less than 300% of the opposite side, then do an action. Okay, that action is to move away. So let me let me demo this here. It might be a little simpler to visualize here. So I'm gonna I'm gonna click up here at 5445. Okay, and you can see immediately the chase strategy is working. Okay, is chasing price by three ticks. Okay, and the escape strategy, let's see if this works, or it might be fulfilling 300%. Okay, I'm also going to place a buy here. Okay, I was filled. Okay, so and then we just hit our 5440 level. Okay, we were looking for that, right? Okay, we got it. And let me let me place another buy here down at 5430. Okay, and you can see I'm immediately chasing by three ticks. Okay, and I'm gonna place another sell up here, because I want to demo the escape strategy if I can get it to not fill. In fact, let me let me flatten this position and I'll try that again. Alright, so alright, here we go. So I'm straddling the market and I'm chasing. Okay, and you can see that actually I'm going to chase by a little more aggressively. Let's make it one tick. Okay, because I want that escape strategy to work here for you. So you can see that. Now keep on getting filled. Okay, let me let me flatten that again. And let me bump this up to make it impossible to get filled. This is usually for the S&P I don't use it for oil. So let's just make it a thousand or yeah, 1300%. That's fine. Okay. Alright, so the way that the escape strategy works is ah, let's see, I'm sorry, this is this is my error. Okay, I'm sorry, I do not have this engage. That's what the issue is here. Okay, there we go. Let's try it again. Okay. Okay, so the way that the escape strategy works is it's looking for liquidity to back up my decision. Okay, so if I don't have high liquidity, let's just say for example, let me zoom into here. Okay, if I don't have high liquidity behind me in this area here, then escape away and you can see it moved away by one tick. Okay, and why is that? Is because, well, we do see that I do have liquidity behind me, but not 1300%, right? It's you know, what 145 here, or yeah, versus, you know, 90 or or 29 here. And it's just not enough, right? So what this allows you to do is you can stay out of a trade. Let's say you're bullish, but you're a cautious bull. Okay, you're trying to maybe catch a bottom. So you are waiting and you want to move away looking for a better price to continue to move away from the market until you have more buyers below you that want to buy on the bid. If that is the case, then no action will take place and your order will remain in the book. Okay, but you can see how it's working right now. Both continue to straddle the market going back and forth. Okay, and is doing that because the condition is not being met here that I'll have enough liquidity behind me to back my decision to stay in the market. Okay, so I continue to move back and forth here by a tick. Actually, so both of these strategies engage at the same time or they're working very much like a market making algo, to be honest, they will continue to provide liquidity at levels until a certain point or condition is true. And then they will remain in the book and provide that liquidity. Alright, so yeah, we're real excited about it. This is showcasing that just two of them here, the Chase and Escape algo, and you can write whatever kind of algo or automated strategy you like. If you want it to look for some sort of signal here in your cumulative volume delta with specific volume or something like this, then that's no problem at all. Okay, so it's all available for you. It's not available at the moment. It's just a demo. It will be available here though in Q1 of 2017. Okay, alright. Okay, well, let's see. What do we got going on the order flow? Let me let me flatten here the position and I will turn these off for the moment and also get rid of some of the noise here. You can see, you know, we came like I've mentioned before, we came from that HFT environment. You can see how your orders are reacting very specifically in this market. And that's that's what we do a book map, right? That's the way that our vision of the marketplace. So you can see exactly how your strategies are working out for you. Okay, let's see. Let's just step back and take a look at the order flow now. What's going on here? Okay, we had a night our nice spike here. Looking we're kind of looking for that, right? I was looking for 5440 to be tested. We got a breakthrough even further. And we have volume now trading at a higher high. Okay, transactions trading at a higher high. Right, we're seeing we're witnessing now this is bigger picture stuff too. This is we're looking at, you know, since 11 o'clock, we're looking at the order flow here. This is very, very indicative of that rounding bottom here. And we can see the order flow playing out nicely within that rounding bottom. Okay, in fact, you can now draw on the tool on the chart with the drawing tools here. And we can see very nicely. It just pops out to me. So I got it got to show it the break of the trend line volume trading and accepting at a higher high. And now it's the opposite. And now we need to see, does it accept up here in this area? Or does it break down and continue down to the downside? Okay, so let's draw in one more line here and and just get a feel for it. Let me zoom in a little bit for that. And edit that line. Okay, that looks pretty good. Okay. All right, so let's see. All right, I mean, I've seen it many times in the in the oil market. You know, what you what you'll get is like, you get this kind of flush through here and clean out the stops, you get a retest of it. A lot of times you get kind of like a double top. And then it's like the real the real deal, you know, does it accept or break down? Okay. A lot of times you'll see, yeah, it does accept and you'll get nice nice big spike and short covering to the upside. Or a lot of times what you'll see is this is where you'll get maybe that retest right here. We just we basically just had it. And then the sellers really jump in here again. Right. And then you get you get another push and move here to the downside. Okay. So, yeah, very, very classic what what I see in the in the oil market, at least. Okay, let's see anything else I need to cover here. Those are those are the main features, big features that I wanted to cover. And let's see I've almost been going on for about 45 minutes or so. So let's let's open it up to questions. Any questions that you guys have? And so so Bruce, you can see the you can see the questions in, in go to webinar, I will feather in the questions from Omnoby here. So I'll let you handle those go to webinar questions, and I'll gather up these Omnoby questions. Okay. Let's see. Okay, someone's talking about the S&P DS signal, I don't know what you mean by that. The DS signals one of our indicators. Okay, all right. Let's see. CL is so bipolar, it scares the crap out of me. Richard he looks like he left. But you may be seeing all the earlier questions it looks like. I'm looking at 10. Yeah, let me do this. Let me just kind of read them off here. It says good morning. Can you open a couple of screens with one user? So can you have multiple you can have multiple instruments with one user but not multiple? I think not multiple of the same charts, correct? That's correct. But you can like you can pop these out. You know, if you want to have it in a different chart for so, for example, let me let me show you here. Well, I'll take gold out. Okay, and look at the gold chart here. If you want to want to do something like that. Okay, so it doesn't I mean you can see they're all tabbed here. You can continue having tabbed or if you have multiple monitors and you want to have one market up and one monitor and you know something else on another. Okay, if I close it, it'll just pop right back into the tab here. And that's the way we use it in the room guys. I have mine out of the tabs. So I have just the CL that you see on screen and the ES above you and yeah, we do that. That's exactly how we do it. That's exactly how we do it in here. Okay, another question in from Brad, I'm not sure exactly what he means. He says, is it contrary reading Brad? If you want to re clarify that a little bit, we'll come back to that. Andrew come back to that. Eli, can you open a couple of screens of one user? We just did that. Okay, which version are you using? I think you're probably on the most recent version. Can you show them how they can tell which version they're on? Yeah, sure. Okay, let's see, just just go over to help here and then update and then check for updates. Okay, and oh yeah, it'll be under about whatever version if you'll see real real distinct difference here. If your book map doesn't look like this, then you're using 4.5. Okay, and if it looks like this, then you're using the new beta version or current beta version. We've had it beta for quite a while. It's very solid. So it's safe to use, but it just it still is a beta as we continue to develop for it. Okay. Alright, it says, can you use the API to connect to TradeStation 2? No. Okay, I am currently on trial in trial on trial. I'm currently in a trial with 4.5 version. Can I download the 5.0 version and try it instead? Today is my first day of the trial. Absolutely. Okay, there you go, Kevin. Kevin also asks, what does COB, CVP and SVP stand for on the histograms? Okay. These are some of the volume profiles. Okay, and we can show all sorts of data. Like I said, I mean, our strength really is that we come from the HFT environment. So, you know, for example, the CVP here, this is showing you the chart range volume profile. Alright, so what that means is everything viewable in my chart range, I'm getting the profile for. Okay, SVP is session range volume profile. So this is when I opened up my book map and started collecting data, it starts making this this volume profile. So what that allows you to do is compare and contrast specific areas. So if you're interested only in this little breakout that we witnessed here from 35 on up, I'll then just put that in your in your profile or in your chart range, right? And then you're going to get the profile now of just that volume. Okay, so therefore, you can you can see, you know, you can you can contrast and compare low and high volume nodes within your session range volume profile. Right now, if you right click in here, you can see all the different types of data. We have a trades counter, a quotes counter quotes delta and custom notes. The trades counter is showing you the not the volume that traded is showing you the the transactions that took place. Okay, so why would you care about that? Well, in the hft environment, like I was demoing here before, when we zoom into these areas, in the algorithmic environment, you know, the way that these markets trade is you don't see let me the ES is such a better example, just because so much more trade. But these kinds of clusters and flurries of activity take place. Right? The algos read that because they will disguise their position, they won't trade, you won't see lots of block trades go through an algorithmic environment. Instead, you'll see many small many transactions go through for small trades, and they disguise their position and accumulation that way. But we you can catch it with, you know, your trades counter. And a lot of the algos read that instead. Right? And that's why we also have a quotes counter. Okay, in the quotes counter, I like to use this example of it's like pit noise in a sense. Okay, because what you're looking at here are the number of quotes added and refreshed at these specific areas. So before quote stuffing was illegal, this was a great tool. Right? But anyway, you know, if you see a lot of interest at an area, then the algos also read that information is because if there's interest at an area, it has the potential to trade there. Cool. Okay. Question here. Would you explain the bars? Excuse me, on top of the book, and the ball, it said, okay, would you explain the bars on top of the book? And I'm assuming that's the book and volume here. Yeah, and it's the grams and you just went through the CVS and SVP and how you would use it. So you went through that. So basically, let's talk about the book and the volume at the top. Sure, this is this is an add on indicator comes with a bookmap advanced version. We have a few others here you can you can see this. Let me zoom in a little bit. Okay, so I just got out of the picture here. Okay, there they are. Right. See this little red number here, as well as these little white lines. Okay, as well as the book and volume in balance indicators, these are add ons, okay, that we produced. And they're offered with the advanced version. Okay, so the book and volume is looking for an imbalance, for example, in the in the traded volume here. Okay, and it works on again, using this chart range theme, okay, or concept. So if I zoom in, I'm going to get a different a different reading here, compared to if I zoom out. Okay, and the it's just reading all the transactions here and then giving you an overall skew to it. Okay, so same with the book is reading not the volume, but though is reading the current book, as well as the historical book. So where are they lining up to provide the quiddity? And do you see a distinction between the two or a skew in it? Alright, and again, that's for chart range as well. Okay, now there's some settings for it. I don't want to get too too detailed with some of these things, but some of the volume and balance settings here or book and balance here, you can limit the numbers of levels you want to calculate, and you can also exponentially weight them as well. Okay, and that'll have a pretty dramatic effect on the imbalance for the book. Cool, okay, let's see on the bottom right, this question has been asked twice in the bottom right. You have your tool with the big guys up with 1246 and the rest still minus 2962. Can you explain? So it's your CV, I can't tell if that's a D or an O at the moment, but yeah, and then you have that next to it. Can you explain those numbers briefly and what's the difference? Yeah, absolutely. These are the outputs for the accumulative volume delta. Okay, so with this new API, not only do you get an indicator panel, you get this widget panel here. And let me get rid of actually a few of these here. So this is what it's showing here. Here's the CVD with the cumulative volume delta for that 13 lot filter. Okay, so here's the indicator panel switch for it here for hiding and showing. Okay, and then here is the widget panel for hiding and showing. So that's what it is. You can also show it in bars if you want. And so you can have all sorts of different indicators in this area here. Cool. Okay, let's see here. Does this work 23 hours a day? And what platform? So I'll let you speak to that. I think I know the answer, but I'll let you speak to that. So basically, I'm getting lots of platform questions and lots of connectivity questions. So I'm going to break these up into a couple different questions. I think this can be open anytime you're open and there's data flowing through it, it can work correct? That's correct. Okay, and so I'm getting lots of questions like does this work on Ninja Trader? And does this work on Trade Station? This is a standalone platform, correct? Yes. And you just have to have your data feed that goes through that particular idea, whether that's Rhythmic or CQG, or what are the data and where can they find the data that could be connected to this standalone platform? Yeah, yeah. All right, connectivity, you'll find it here at bookmap.com. And you'll see them all here. Okay. So IQ feed, interactive brokers, Tradeivate, many at AMP, Transact, then let's just let this reset. S5 data, CQG data, Rhythmic data, Gain Capital, and Ninja 7 and 8. Okay, so we connect to, and then also for Ninja and Trading Technologies or TT, X Trader, it connects to, for those of you using TT, is for X Trader Pro, the TT API for X Trader Pro. Okay, so you do need an X Trader account, right? So we are just a regular platform, just like anyone else. But we also connect through the API with Ninja Trader, Interactive Brokers, and TT, X Trader. Okay. Perfect. Okay, so I've got several pricing questions. We're going to come back to that in just a second. Let me get over to the Amnovi. I think that just about answers everything and go to webinar. Okay, so I'm getting instrument type questions. Does it do currency pairs like the, can you do forex, Euro US, those kinds of, pound US, Swiss, those kinds of, can you do that? The spot market, there is no limit order book. So this is not going to work for you. You need a centralized limit order book. And then you can get the volume data as well as the depth of market data. That means though that if you want to look at currency pairs, future currency pairs, no problem. That's what a lot of traders do. In fact, we have a very well known one as presented for us many times. What he does is he looks at book map and the order flow for the currency futures, but then he'll make his transactions in the spot markets. Interesting. Okay. So you get, so I'm getting just again, instrument questions. I know you any basically enters any futures market, you can trade, you can use this with gold, NQYMTF, just name it, basically any futures market, this will be something that is compatible with. Yeah, yeah, it should work. I also see that there's a lot on stocks here, questions on stocks. We will be offering this for stocks in the near future. I believe, I'm not sure about this, but I believe it's also for Q1 of 2017. This year. This year, yeah. Okay, cool. Because are we through Q1 yet? We're about to be through Q1. No, no, we're dead. Our deadline's coming up. Okay, very good. So I'm getting lots of platform questions about and I'm no via about can my processor handle it and things like that. I'm sure you have some specifics, but I could tell you from my own personal experience, that when all else is failing around me, in terms of being able to keep up with it, I have a really big machine with my issues of doc, this is the only thing that stays alive, right? This thing is so lightweight, and this is the only thing that will stay alive. So from a processing standpoint, this is very lightweight. You would agree with that, I'm assuming. Yeah, I do. I mean, the footprint on the CPU is not too heavy. You know, it's Java based. So if you want to develop the, you know, strategies or indicators, they'll have to be done in the API with Java. But the, you know, instead of what we're utilizing is the will use your GPU to kind of alleviate the usage on the CPU. So that means on the graphics card, right? But and if you guys are having some issues with the graphics card, there's a setting here, GPU acceleration. If you just deselect that, then you know, you won't have as heavy usage on your graphics card, but more usage instead on your on your CPU. Perfect. Okay, let me just kind of go through here really quickly. Let's see, Jason, which software are you talking in? Is it work on Ninja Trader? Well, again, it's a standalone process. Okay, I'll come back. I get I'm getting a few questions, comparing and contrasting. And I don't want to get too deep into this, to be honest with you, but just comparing and contrasting you to some other platforms like jigsaw is an example. And so I don't want to get too deep into that. But I could tell you guys that they both that they both have their own pros, right? They both have their own pros. I personally, I'll just tell you this, and we'll leave it at that. I prefer what we're using here at book map. And that's why you see book map here today, right? So that's what I prefer. So all right, so getting getting a lot of questions on pricing. So I am going, there is something I wanted to just mention on that. You know, and just try to be really objective on that. The one of the things that I really think is quite a quite an advantage with book map compared to other, not not just other, you know, order flow and heat map tools, but but even footprint tools. And we can see exactly why this is important is we don't aggregate the data. Right? It's not it's not it's not tick based. It's not volume based. It's not time based. I mean, it's basically every instant in the market is recorded. So and and how that can be really helpful is like you start to zoom into these areas and you can start to see the accumulation here in these areas. You're not going to see that. I mean, look at look at them. You can see them clearly getting more aggressive here algorithmically, right with more buying. Okay, as they continue to lift the offer in these areas. And, you know, you start to combine that with, you know, some of these bigger picture issues that we covered during the webinar. And and this can this can offer that advantage. If you start to zoom out, though, or other other tools, what they're going to do is they're just going to aggregate that data, right? You're just going to see it that number, it'll start to increase, right? But you won't really know that, you know, they're accumulating like you can see it clearly in book map. And that's a real nice distinction. Cool. So just before we get to the pricing idea, Patricia says, is your favorite product? Can we talk about icebergs? Are they orders or contracts? And I see different numbers from mine versus Jason sometimes. Okay, iceberg one is can be tricky. And it's a really, it's a really simple add on or calculation. And I may have to, I don't want to get too into it. I mean, I know I'm already taking up much of your time. So but I'll just I'll just cover this the the iceberg, what they are, their hidden orders. Okay, and they're captured here with this red number that I mentioned earlier. All right, over on the this column here, the this 24 and this 23. What this is is it's liquidity, liquidity that traded that was not in the limit order book at that time. Okay, so it's a hidden order. Right? So how can more trade than what is actually being offered is impossible, right? But it is possible with if you have a hidden order or your iceberg. So what what you'll see is you'll see transactions take place and and volume trade, but there's no liquidity. And it's it kind of throws you for a little loop. But you know that that's going to be an iceberg, because they don't want to show their liquidity in the book. And why is that is because they'll skew the auction. And the supply and demand will be out of out of whack a little bit. And they'd rather use a hidden order type to disguise their their size. Cool. Alright, so let's talk about pricing. Why don't you tell them about the deal that's going on right now? And then we've got a link that you can click on it to get there. And so why don't you talk a little bit about what your guys are offering for today? Sure. Okay. Which one is it? Okay, this one. Whoops. Not that one. So while he's doing that, I'm going to throw you in a link here, guys, to a place where you can. This is the Omnovia. And let me throw this into the main chat window. If you guys want to get a copy of this, if you haven't done so already, here's a link to go and do that with. And let me throw that into the main window here. There you go. So he's going to talk to you about pricing options and there is a discount today. Alright, yeah, cool. Yeah, and again, thanks for the opportunity. So yeah, we're offering a discount. It's actually just one day left on this. And I'll just go through the options here. Alright, so first off, we have a free trial. Okay, it's 14 days. You can just sign up and download it. And you'll be in a 14 day trial. You'll have access to the fully featured advanced version. So that's this version here. And the advance is $99 per month. It's billed quarterly. And then there's another version, the basic version here. Now it's 49 per month and it's billed quarterly. And the difference between the two are primarily these add on features, that iceberg detector, that those volume imbalances and the large lot tracker. But probably the most important one or the most powerful one is the ability to trade right from the chart. So that means that I can also start to utilize now those automated strategies with the new API so I can trade right from the chart and see how my orders are behaving. So those are the two different options. And as it says here, we've got 30% discount on those one day left. So if you are currently in trial with Bookmap, then you've got one day left to make a decision. If you want to take advantage of the 30% discount, and this is your first time you ever heard of Bookmap, use the link that Jason put into the chat there. And then you'll get the 30% discount, but you'll get a 14 day trial period, but you will need to pay for it first. So the free trial here is completely free. You won't get that if you today, if you do that free trial, but you don't go through and actually pay and get the discount. So that's the distinction between that. So let me ask this question. Maybe I didn't understand that. And if I didn't, maybe some others didn't either. So if they go to the free trial today, okay, so if they go click on that, they click on my link, they sign up for free trial, then and they pay for it, they need to put up, they need to go through a transaction process for the to get the 30%, right? Okay, the thing here is, is this, if you're in free trial right now, you need to make a decision, right? Because if you want the 30% discount, you got to go through and make a transaction, okay? If that if you're new here to book map, and you want the, you know, 30%, well, yeah, pay for it, go through the transaction. But if you're new, right, we will still give you like a 14 day refund policy. Okay, yeah, if you're in trial right now, though, you've already seen it, you know, you've, you know what you're getting. So it's up to you, if you want to. Okay, so just to recap. Yeah, cool. So just I just want to make sure. So there's two ways to go. If you've already ventured over to book map, and you're on some free, you're on your trial, and maybe you're on day five, we haven't taken your full 14 day. But you're on day five, you've got an opportunity to get a 30% discount today. If you are not, you're just seeing this for the first time, and you've got a link in here with us. And you click on that link today, they're going to ask you to pay the, let's say you want to go with the advanced. But at the end of that 14 days, if you don't like it, then you'll get a refund. Is that right? Yeah, and you'll get the you'll get that discount as well. Yeah, you'll get the discount, and then you get a refund. Yeah. And to be clear on the on the discount, the 30% is, you know, subscription based here. So it's 30% on the first, you know, quarter here. Okay, so that's the question that's coming in as well. So if you want to do that, it's 30% based on that first quarter. And are the prices that are reflected on the screen that we see here, is that the price or is it full 30% off of those listed prices? 30% off the listed prices there. Okay, cool. That's a good deal, guys. I'm telling you, when I bought it, it was a lot more expensive, right? And so the first time before I began establishing, it's a really good deal. I'm just telling you, it's a powerful tool. We only scratched the iceberg, no pun intended, tip of the iceberg here today. It's a, it's a perfect, it's a perfect tool. You see me use it. You, for those of you that have been around me a long time, you've seen it go from a little bitty, posted stamp in the bottom right hand corner of my screen to it takes up one half of my screen today, right? And so if you were in here towards the end of the trading session, you saw us utilize this tool to get short from 57 down to a target of 24, right? So 33 ticks on the CL on two lots, and it was a home run, right? So if you haven't done it, the links are in there. If you have done it, pick it up. If you haven't done it already, go get that, go get that information. You'll be all squared away. A couple of just technical support type questions. If somebody has trouble setting it up or screens or, or they want some settings, do you guys offer some technical support? Absolutely. I'm going to input that right now. I also, so technical support reach out to us at support at Veloxpro.com. I put it into the chat there for you. Or any questions that you have. Now, there's a few questions here also about lifetime. And if this is offered for lifetime, and just you can reach out to me at Bruce at Veloxpro. If you have any questions regarding that. Okay, let's see. RJ, yes, there is a, an extensive training manual that comes with this. There is a, I don't know, it's 50 pages, maybe it's big. It's, it's, there's a lot of in-depth detail. Yeah, I mean, and, and, and the webinars to, I mean, to, to, you know, ask any questions. I mean, you know, it's not a trading room. It's, it's going over how to, how to use the tool, but, but all the fun features and functionality as well. Okay. That's why they have us, right? So we can show them how to use it in trade and do those kinds of things. Well, yeah, fantastic. You're, you're even better because you're, you know, you, you're engaged in the market as well. So I'm interesting stuff here. I just, I got to point it out because I just love this stuff. Interesting to see here in the order flow. This, this is what, what I was kind of, well, this is not what I alluded to. This is exactly what I said. You know, you see, like, you get this, the spike here, and then you see one more spike, one more push up into, you know, your 54, 50 here. So you got your round figure, right? That's where we drop from over here. That's where we see high liquidity here. And they, they actually got filled. A lot of it got filled. You can see the transactions that took place, right? So here's kind of like your, like your double top here. And then now you can see that this, this breakout failed to the upside, right? We're right back down here. And back down to, it's gonna be your, your, you know, basically your high volume node here at 5430. And you can see the, that right here in the, in the profile. But now that order flow has changed, you know? We're looking at a different picture here. So here's the, here's the beauty of that, Bruce. And so this is where us being together, book map, and the things that we offer, we have a level at 48, right? And so the market rallied right up into 48, 49, right in that area, found the resistance at that primary level that we have, one of our primary levels. And then it sold off, right? And so same thing that happened on the big sell-off today. We, we had an area. And so that's, that's the beauty of this, right? So you can see it without seeing what I'm seeing on my end. And it just adds confirmation to what we do, right? And we know that there's a known level there. And one of the things that we talk about is one of the really cool things is that the liquidity begins to stack up around our areas of support and resistance. And that's how we know that it's, you know, that it's valid. And then it gets there and then it fails. And you can really start to get into, get into the granular reasons why it fails. But you also know that there's, there's a level there, right? And that, that is, it's pretty cool. So when you combine the two together, but each one by themselves provide you with good insight, it gets particularly powerful when you put them together. Yeah, that's, that's the key I think is, is exactly, you know, like Jason, it was great having you, having you in our room and showing like how you use the tool and looking at your own proprietary levels of interest. But then you want to look at the book and see if it supports that decision. And that's where this can be really powerful. I mean, I'm looking for further extension to the downside here, right? And why look at the cluster here, the volume that traded. And now I'm looking for the lows to be tested. Down at this 5,420. And we'll see, right? But that's what I see so far. You know, I mean, heck, maybe just, you know, trade sideways the rest of the day here, but it did not accept up here, right? And you guys were looking at your higher levels of interest based on Jason's levels or your oil trading group levels there. And it matched, it matched with your order flow. Yeah, and that's what, again, you know, that's where the two ideas together. And if you're a regular room member, you know exactly what we're talking about. If you're a guest in here and you haven't taken a trial in our room, or you haven't taken the trial with this tool, if you could marry those two together and you would start to see that the insight that you're gaining, at least the way that we look at the world, the insight that you're gaining into this kind of idea is pretty powerful. So, all right, so I know you probably got stuff to do and I've got a also as well and so unless there are any last-minute questions here or any things that you would like to put a punctuation point on, I think they're good. Okay, now it just looks like Eli made over 1200 bucks on last trade here. So, nice work, nice work. So, no, that's a pretty good overview. You know, there's a lot of resources on the website. If a lot of videos, you know, the recorded webinars, as well as other webinars that go through this phenomena that I was covered, like a lot of the market phenomena I was covering, reading the order flow here in the structure of the order flow, they're there on the website. Yeah, no, there's one good, there's many good things, but one of the one of the real cool things about what you guys offer is it's a complicated thing if you don't take advantage of the education and there's plenty of education around it, right? So, one of the things that we try to do is I try to simplify it into these bite-sized chunks, but if you are one of these guys that really likes to dig into the granular details, this is your tool, right? I can't always do that because, you know, we run a room and all that stuff in real time, but if you really like, if you really like to get into the granular details, if you're an engineer type of mindset, this is the thing for you. You can go as granular in detail as you'd like. Exactly, and, you know, that's where, you know, for people that are order-flow traders who have studied the dome for a long time, this is a blessing for them. I mean, they love it. We've had many, many traders and many floor traders come to us and say, wow, for the first time they can read the auction like they used to in the pit. They can visualize it because, you know, book map is so visual, just like that, but you know, if or if you're involved in the HFT environment, you know, you can take this threat a lot further, but you don't need to. I mean, you know, simply look at some of your higher levels of interest and look at the order flow around it. That in that what you just said in a nutshell is basically what we do. We take a look at these higher volume nodes around our support resistant zones and we pull the trigger. And then when it doesn't go our favor, we get out quick and when we, because of the confidence that we have in your tool and what we're looking at, we run these to big targets. We had, we had a small loser today and then we had a three-to-one risk-reward trade that got us out of the hole and that's, you know, and then we started talking to you. And so it was a really cool, you know, it's a very cool tool. So great. Okay, well, yeah, thanks, thanks very much, Jason. You know, a pleasure, a pleasure to be here and a nice opportunity to talk to your group. Yeah, well, we certainly appreciate it and we need to do this more often because this is a really cool tool and maybe we could set up, we'll do some little production here on the fly. Maybe we could set up modules that we could talk about different aspects of the tool and do those kinds of things as we move into the future. Yeah, now that sounds great. We would, we'd love to be, take part in it. Awesome, very cool. All right, well Bruce, thank you so much for your time today and for everybody else. Thank you for hanging around with us and sorry about the initial, the initial snafus on getting you into this thing today. Oh, no problem. Yeah, and so just a little bit of a housekeeping note. Use that link if you weren't able to stay for the whole thing or you're just coming in late or, you know, if you're not here, you don't hear this, but I'm gonna, I'll, it'll be tomorrow but I'll get it produced and up on the site. So. All right, yeah, all right. Thanks everybody. Thank you Jason. All right, thanks Bruce. Have a good day everybody else. We'll talk to you soon. Bye-bye. Take care.